Deals

War for Madrid Exchange to Widen as Deutsche Boerse Considers Bid

Operator of Frankfurt exchange has $2.2 billion war chest
Swiss exchange made a $3.1 billion offer; Euronext is in talks

The Madrid stock exchange.
Photographer: Angel Navarrete/Bloomberg

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By Viren Vaghela and Daniel Schaefer

November 19, 2019 at 8:32 AM UTC

Updated on

November 19, 2019 at 11:16 AM UTC

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The battle for the Madrid stock exchange could escalate into a three-way bidding war as Deutsche Boerse AG looks into whether it should enter the fray.